EAST DALLAS MULTIFAMILY SITE · Apartments Proposed Townhome Development SITE EAST DALLAS...

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Central Expy Tower at Cityplace Future High-End Mixed-Use Development Proposed Apartment Development Proposed Apartment Development Planned Townhome Development Proposed Apartments Proposed Townhome Development SITE EAST DALLAS MULTIFAMILY SITE AVAILABLE 1524-1536 HOLLY AVE, DALLAS, TX 75204 Exclusively Offered By: Ty Underwood 214-520-8818 ext. 4 Fax: 214-520-8815 [email protected] SLJ COMPANY, LLC 4311 W. Lovers Lane, Suite 200 Dallas, TX 75209 214-520-8818

Transcript of EAST DALLAS MULTIFAMILY SITE · Apartments Proposed Townhome Development SITE EAST DALLAS...

Page 1: EAST DALLAS MULTIFAMILY SITE · Apartments Proposed Townhome Development SITE EAST DALLAS MULTIFAMILY SITE AVAILABLE 1524-1536 HOLLY AVE, DALLAS, TX 75204 Ty Underwood 214-520-8818

Ce

ntr

al E

xpy

Tower at Cityplace

Future High-End Mixed-Use

Development

Proposed Apartment

Development

Proposed Apartment

Development

Planned Townhome

Development

Proposed Apartments

Proposed Townhome

Development

SITE

EAST DALLAS MULTIFAMILY SITE AVAILABLE 1524-1536 HOLLY AVE, DALLAS, TX 75204

Exclusively Offered By:

Ty Underwood

214-520-8818 ext. 4

Fax: 214-520-8815

[email protected]

SLJ COMPANY, LLC 4311 W. Lovers Lane, Suite 200

Dallas, TX 75209

214-520-8818

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TABLE OF CONTENTS 1524-1536 HOLLY AVE | 1

I. 2 AERIAL PHOTOGRAPHS

II. 4 PROPERTY PROFILE

III. 5 EXECUTIVE SUMMARY

IV. 6 SURVEY

V. 7 LOCATION MAP

VI. 8 DISCLAIMER & DISCLOSURE

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SITE

AERIAL PHOTOGRAPH 1524-1536 HOLLY AVE | 2

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DALLAS

CBD Deep Ellum

Old East

Dallas

Ce

da

r Sp

ring

s R

d

Uptown

Hw

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5

Future Mixed Use Development

Tower at Cityplace

Gre

en

ville

Ave

Proposed Apartment

Development

Proposed Apartment

Development

Proposed Townhome

Development

Apartments Built Since 2010

Alara Uptown 294 Units

396 Units Hanover Cityplace

Bryson at Cityplace 321 Units

Monaco on the Trail 192 Units

Camden Henderson 106 Units

Strata 311 Units

Gables Uptown Trail 334 Units

The Taylor 308 Units

3700M 381 Units

The Icon at Ross 372 Units

Alexan Arts 368 Units

Total New Units: 3,443

Planned 60 Unit

Apartment Development

SITE

AERIAL PHOTOGRAPH 1524-1536 HOLLY AVE | 3

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PROPERTY PROFILE

ADDRESS 1524-1536 Holly Ave, Dallas, TX 75204

LOCATION The subject property is located at the corner of Holly Ave and San Jacinto St, between Ross Ave

and Live Oak St, in Dallas, Texas.

LAND AREA 0.323 Acres (14,079.45 Square Feet) *No minerals are included in the proposed transaction

LOT DIMENSIONS Frontage on Holly Ave 170.56 feet

Frontage on San Jacinto St 84.53 feet

ZONING Multifamily District (MF-2 (A))

Setbacks 15’ front / 15’ side/rear

Minimum Lot Size 1,000 SF

Density 800 SF – E

1,000 SF – 1 BR

1,200 SF – 2 BR

+150 SF for each additional BR

Maximum Height 36’

Maximum Lot Coverage 60%

Primary Uses Multifamily, duplex and single family

DEMOGRAPHICS

RADIUS 1 MILE 3 MILE 5 MILE

2013 Population 23,037 141,107 271,157

2013 Avg. HH Income $52,159 $81,037 $77,278

2013 Daytime Population 30,038 362,475 602,972

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EXECUTIVE SUMMARY & HIGHLIGHTS

EXECUTIVE SUMMARY SLJ Company, LLC (“SLJ”) has been exclusively retained to offer this 14,080 square foot

multifamily site at 1524-1536 Holly Ave in Dallas, Texas. Located just east of Hwy 75, near Ross

Ave, this site has exposure to rapidly growing demographics and easy access to many area traffic

drivers.

PROPERTY HIGHLIGHTS

EXCELLENT LOCATION Located at the corner of Holly Ave and San Jacinto St, between Ross Ave and Live Oak St, the

Property is just one block from Ross Ave. The area is quickly redeveloping with over 3,400 new

multifamily units in developments such as The Icon on Ross and Alexan Arts, among others. The

Property is just minutes from Downtown Dallas, Baylor University Medical Center, Deep Ellum and

Dallas’ Uptown and East Dallas Neighborhoods.

MULTIFAMILY ZONING The Property is 14,080 square feet with high visibility and excellent access. This site is zoned for

moderate density multifamily, duplex and single family uses.

STRONG DEMOGRAPHICS With a population of approximately 23,037 and 141,107 living within a 1 and 3 mile radii of the

Property respectively, the Property benefits from a dense pool of consumers in close proximity.

Additionally, the average household income within a 3 mile radius of the property is $81,037.

MANY AREA TRAFFIC DRIVERS Retailers in close proximity to the Property include Sam’s Club, CVS Pharmacy, Walmart

Neighborhood Market, Target, OfficeMax, Ross and Starbucks, among many others.

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SURVEY 1524-1536 HOLLY AVE | 6

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LOCATION MAP 1524-1536 HOLLY AVE | 7

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The material contained in this Memorandum

is confidential, furnished solely for the

purpose of considering an investment in the

properties described herein, and is not to be

used for any other purpose, or made

available to any other person without the

express written consent of the SLJ Company,

LLC. The material is based, in part, upon

information obtained from third party

sources, which SLJ Company, LLC deems to

be reliable. However, no warranty or

representation is made by SLJ Company,

LLC or its affiliates, agents, or

representations as to the accuracy or

completeness of the information contained

herein. Prospective investors should make

their own investigations, projections, and

conclusions regarding this investment.

DISCLAIMER & DISCLOSURE 1524-1536 HOLLY AVE | 8

Page 10: EAST DALLAS MULTIFAMILY SITE · Apartments Proposed Townhome Development SITE EAST DALLAS MULTIFAMILY SITE AVAILABLE 1524-1536 HOLLY AVE, DALLAS, TX 75204 Ty Underwood 214-520-8818